Does crypto currency have a role to play in employers’ pay strategies?
Employee Benefits
JANUARY 24, 2024
Crypto currency is subject to income tax when an employee receives it but could also incur a capital gains tax charge if they hold it for more than 30 days. The growth of digital and micro payments over the next 10 years could see crypto currency become more common in pay strategies, especially for incentive schemes and global payroll.
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